Author Archives: Paul Ausick

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China Challenges Boeing, Airbus Wide-Body Market

China's Commercial Aircraft Corp. of China, better known as Comac, and Russia's United Aircraft Corp. (UAC) announced a formal agreement Monday in Shanghai to develop, build and sell a wide-body ...
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Sears Reshuffles Some Debt, Pension Obligations

Struggling retailer Sears Holdings Corp. (NYSE: SHLD) said Tuesday morning that some its subsidiaries had reached an agreement with their lenders to extend a portion of a $500 million secured ...
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Google, Facebook Have a Stranglehold on Web Traffic

When it comes to being noticed on the worldwide web, publishers and content producers need to break into just two websites that account for nearly 80% of referral traffic: Facebook ...
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Memorial Day Traveler Numbers Rise as Gas Prices Remain Low

The Memorial Day holiday weekend traditionally marks the beginning of the summer driving season, and if projections are accurate, this year will see more travelers on the road than last ...
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How Many Jobs Will Self-Driving Trucks Eliminate?

The jobs of as many as 3.1 million U.S. truck drivers are at risk as autonomous (self-driving) technology for the big rigs continues to be developed. That's about 2% of ...
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Amazon Shareholders to Be Told to ‘Stop Funding Hate’

nWhen the annual shareholders' meeting of Amazon.com Inc. (NASDAQ: AMZN) begins Tuesday morning in Seattle, an airplane will greet them, pulling a banner reading "Amazon Stop Funding Hate. Drop Breitbart" ...
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Seadrill, Teva Pharmaceuticals Dip Into Monday’s 52-Week Low Club

May 22, 2017: Here are four stocks trading with relatively heavy volume among 79 equities making new 52-week lows in Monday's session. On the NYSE, advancers led decliners by more ...
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Cisco, Boeing Lift DJIA on Monday

May 22, 2017: Markets opened higher Monday and although the ride has been a little bumpy, equities have remained around a narrow band near the indexes' daily highs. Among the ...
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Best and Worst Cities for Saving Money

In order to save money, a household's income needs to exceed its spending. Economics doesn't get any simpler than that. But it quickly gets more complicated. If you want to ...
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Older Americans More Connected Than Ever

Americans older than 65 now make up about 17% of the U.S. population and that percentage is expected to reach 22% by 2050. But while the country is getting older, ...
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Is Apple $1 Trillion Valuation Just 18 Months Away?

Earlier this month, Apple Inc. (NASDAQ: AAPL) topped $800 billion in market cap, the first publicly traded company ever to reach that milestone. Since then — and even before — many ...
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Kicking the Tires on That New Home You Want

Stainless steel appliances: check. Granite countertops: check. Hardwood floors: check. These items are among the many you'll see as you shop for a new home. Chances are that not all ...
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God & Mammon: Church of England Endowment Returned 17% Last Year

Among the most successful — if not the most successful — endowment fund investment performances was turned in by the Church of England. The church's £7.9 billion (about $10.3 billion) ...
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IPOs This Week: Software Maker Appian Plus 3 More Hopefuls

Three initial public offerings (IPOs) on last week's calendar made it out the door and there are four new IPOs on this week's list. Among last week's IPOs, Chinese-education company ...
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“Alien: Covenant” On Track to Lead Weekend Box Office

Opening weekend receipts for "Alien: Covenant" from Twenty-First Century Fox Inc. (NASDAQ: FOXA) are expected to range between $35 and $40 million, pushing The Walt Disney Co.'s (NYSE: DIS) "Guardians ...
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